U.S. Corn Acres

The President of the U.S.A Mr. Donald Trump have make the following tweet:

As they have learned in the last two years, our great American Farmers know that China will not be able to hurt them in that their President has stood with them and done what no other president would do - And I’ll do it again next year if necessary!

George.
 
Hello Again.

In this site of:

https://dyersvillesales.com/

and here for the Hay Auction Market Report of 8/07/19:

https://dyersvillesales.com/hay-auction/

exist:

For what it is worth

The hay market continues to be very strong especially for anything with alfalfa. Just to the south of us the drought is starting to take it’s toll and we are seeing a lot of producers shutting off sales because the 2nd crop was not very good.

Most of the talk around the hay auction today was is the government gonna lie next Monday when the crop report comes out or will they tell the truth? Most feel the government will continue to lie to keep prices down as long has possible.

George.
 
kanellop said:
Hello Again.

In this site of:

https://dyersvillesales.com/

and here for the Hay Auction Market Report of 8/07/19:

https://dyersvillesales.com/hay-auction/

exist:

For what it is worth

The hay market continues to be very strong especially for anything with alfalfa. Just to the south of us the drought is starting to take it’s toll and we are seeing a lot of producers shutting off sales because the 2nd crop was not very good.

Most of the talk around the hay auction today was is the government gonna lie next Monday when the crop report comes out or will they tell the truth? Most feel the government will continue to lie to keep prices down as long has possible.

George.
More...

I don't agree that the "government" (USDA) is lying to us about the crops.

The biggest "issue" with the data the USDA releases is that they use "outdated" information.
Rather than use an online survey they mail out the forms to farmers, wait for the forms to be mailed back then count & record the results. This is a very slow process. It's crazy that they don't have these surveys online on their website so they can release more "up-to-the-minute" data. Farmers are giving correct info and USDA is reporting correct info it's just so "out-of-date" with the current weather & crop conditions.

"Government" (USDA) has no incentive to keep prices down. Hurts U.S. farmers & this country doesn't have a food shortage or food inflation problem. That's going to be China's problem soon IMO.
 
Last edited:
I just went long the intercrop ZC N20/U20 spread. The market is pricing less risk in this crop than last year at this time with the 2018 bumper crop...
 
You must log in or register to reply here.
Back
Top